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Sean Portman

09/02/17 12:20 AM

#10240 RE: Sean Portman #10239

One thing I should add is since 1/3 of the 475,000,000 will be conceptually used to remove 200k debt, the /46 should be more like 1/3 of 46 which is roughly 30. So 850/30

rjbluesky

09/02/17 1:42 AM

#10242 RE: Sean Portman #10239

$KALO. Sean, if you think KALO will r/s and not bring any assets to the table, then all of your calcs are right on. But, why would Kassett (FEPI) and the KALO insiders want that to happen? Keep in mind, KALO was really never a major share dumper as they had about 8.7 bil o/s with a 15 bil a/s prior to going dark. They did do some toxic financing though which is a small part of the $2.7 TOTAL DEBT on the last financial. I think all of those calcs in your posts are assuming nothing more than a r/s to sell shares with NO assets coming in. Keeping in mind, retail has a limited amount to sell. We assumed 70%+ of the o/s was held by insiders so that only leaves at best 6 or 7 mil shares for retail to trade while at the same time, FEPI shares are restricted. The KALO insiders will want a good ROI before selling anything IMO. How will that happen if NO assets are brought in?